329 Grass Valley Road
Lake Arrowhead, CA, 92352
$499,000
Original list price: $725,000
MLS: RW24123172
Beds
3
Baths
2
Sq Ft
1,891
Lot
0.24 ac
Year Built
1978
MLS #
RW24123172
Days on Market
728
Listed
Jun 18, 2024
Description
Built in 1978 by the seller, this property hit the market for the first time. The home boasts a high ceiling in the living room, complete with a cozy fireplace that invites you to unwind. A large glass window in the living area provides a serene view of the surrounding trees, bringing nature into the living space. The main level features a well-appointed kitchen, a dining area perfect for family meals, and the master bedroom, ensuring convenience and comfort. Upstairs, the property includes two spacious bedrooms and a bath, offering plenty of space for family or guests. The lower level features a welcoming family room with a second fireplace, ideal for gatherings, game nights, or simply relaxing with loved ones. Outside, the property includes a dedicated parking space next to Grass Valley Road and a driveway leading to a 2-car garage, providing ample parking options. The spacious backyard is a haven for outdoor enthusiasts, featuring a patio and additional seating areas under the trees, perfect for barbecues, outdoor dining, or simply enjoying the fresh mountain air. With dual access, there is a private dirt driveway behind the property, offering extra parking for cars, RVs, or boats. Minutes from the Lake Arrowhead Country Club and Arrowhead Ridge, the home provides easy access to a range of recreational activities. It is also just a few minutes from the lake, where residents can enjoy the beautiful scenery, boating, fishing, or simply relax by the water. This property is a rare find, combining a prime location with lake rights, making it a highly desirable option for potential buyers seeking a tranquil mountain lifestyle.
Location
Lake Arrowhead, San Bernardino County, CA 92352
Open on Google Maps ↗Listed by: Angela Cheng Yap · RE/MAX LAKESIDE
Payment estimate
$3,851
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $49,900 · Loan: $449,100
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $2,845
- Property tax (1.25%)
- $520
- Homeowners insurance
- $300
- Mortgage insurance
- $187
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Lake Arrowhead home with as little as 3.5% down using an FHA loan — roughly $17,465 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Lake Arrowhead, CA 92352 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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